- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD Price Analysis: Signals pullback towards 1.3735
USD/CAD Price Analysis: Signals pullback towards 1.3735
- USD/CAD keeps pullback from three-day-old resistance line, pokes immediate support.
- RSI conditions favor sellers aiming for the 200-SMA.
- Bulls need validation from yearly peak for a further upside move.
USD/CAD teases sellers around an immediate support line near 1.3775 during Tuesday’s Asian session. In doing so, the Loonie pair justifies the previous day’s failure to cross a three-day-old resistance line, as well as the bearish divergence on the RSI (14).
That said, the quote is likely to break the nearby support of 1.3775, which in turn could quickly drag prices toward the 200-HMA support level near 1.3735. However, Monday’s bottom surrounding the 1.3700 theshold could challenge the pair bears afterward.
Also acting as a downside filter is a horizontal area surrounding 1.3675 that comprises the levels marked since the last Thursday.
In a case where the USD/CAD prices decline below 1.3675, the odds of witnessing a slump toward the monthly low near 1.3500 can’t be ruled out.
Meanwhile, an upside break of the ascending resistance line from Thursday, near 1.3785 by the press time, could recall the buyers trying to renew the yearly top marked the last month, currently around 1.3840.
In that case, April 2020 bottom surrounding 1.3960 will gain the market’s attention as the strong hurdle.
Overall, USD/CAD is likely to witness a pullback but a reversal of the present bullish trend is out of the question at the moment.
USD/CAD: Hourly chart
Trend: Pullback expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
